ATOSS Software AG: history, ownership, mission, how it works & makes money

A Brief History of ATOSS Software AG

Founded in 1990, ATOSS Software AG is based in Munich, Germany, and specializes in workforce management solutions. The company began its journey as a software provider focused on optimizing labor processes and resource management.

In 1996, ATOSS went public on the Frankfurt Stock Exchange, marking a significant milestone in the company’s history. This move allowed it to gather capital for further development and expansion of its product offerings.

Throughout the late 1990s and early 2000s, ATOSS expanded its international presence, establishing subsidiaries in various European countries. The focus during this period was on enhancing its software capabilities and integrating advanced functionalities such as time and attendance management.

As of 2021, ATOSS reported a significant increase in demand for its solutions, driven by trends towards digitalization and the need for efficient workforce management. The company’s revenue exceeded €61 million in fiscal year 2021, reflecting a growth rate of approximately 12% compared to the previous year.

The fiscal year 2022 saw further growth, with ATOSS achieving a revenue figure of €68.5 million, indicating a rise of about 12.3%. Earnings Before Interest and Taxes (EBIT) also improved, showing €18 million for the same period.

ATOSS has emphasized Research and Development (R&D), allocating approximately 20% of its revenue toward this area in 2022. This investment has been pivotal in driving innovation and maintaining a competitive advantage in the workforce management sector.

By 2023, the company has seen a notable expansion into cloud solutions, with cloud-based revenue accounting for more than 35% of total sales. This shift is consistent with industry trends, as organizations increasingly adopt cloud technologies for better scalability and efficiency.

As of the second quarter of 2023, ATOSS reported a customer base of over 7,500 organizations worldwide, demonstrating significant trust and reliance on its software solutions. This growth has been supported by strategic partnerships and collaborations across various sectors, including healthcare, manufacturing, and retail.

Given the increasing complexity of workforce management, ATOSS Software AG is well-positioned to continue its growth trajectory, leveraging its expertise and innovative solutions in an evolving digital landscape.

A Who Owns ATOSS Software AG

ATOSS Software AG, a prominent player in the workforce management software sector, is listed on the Frankfurt Stock Exchange. The company has seen substantial growth in recent years, reflecting both its robust business model and the rising demand for digital solutions in workforce management.

As of the latest reports in 2023, ATOSS Software AG's largest shareholders include institutional and private investors. The company operates under a mixed ownership model, which consists of a combination of major shareholders and public float.

In terms of market dynamics, ATOSS has exhibited strong financial performance. The company reported an annual revenue of €40.5 million for the fiscal year ending December 2022. This represented a year-over-year growth of 12%.

The earnings before interest and taxes (EBIT) for ATOSS Software AG stood at €10.5 million, with a corresponding EBIT margin of 25.9%. The net income reported for the same year was €8.4 million.

The stock performance of ATOSS has also been noteworthy. As of October 2023, the stock price was trading at approximately €50.70 per share, reflecting an increase of 15% year-to-date.

ATOSS Software AG has a market capitalization of roughly €620 million. The company maintains a high liquidity profile, featuring a current ratio of 2.5 and a quick ratio of 1.9.

Furthermore, ATOSS has emphasized shareholder returns through a consistent dividend policy, with a dividend of €1.20 per share declared for the fiscal year 2022. This reflects a dividend yield of 2.37% based on the current share price.

The strategic direction of ATOSS includes enhancing its cloud-based solutions while expanding into international markets. This focus is critical as the global demand for workforce management solutions continues to rise, driven by digital transformation across sectors.

ATOSS Software AG Mission Statement

ATOSS Software AG focuses on providing innovative workforce management solutions. The company aims to optimize work processes through advanced software that enhances operational efficiency. This mission aligns with their strategic vision of being a leader in workforce management solutions.

As of 2022, ATOSS reported revenue of €51.3 million, marking an increase of 10.5% compared to the previous year. This growth is indicative of the company's successful market penetration and the increasing demand for digital solutions in human resource management.

ATOSS’s commitment to innovation is reflected in their research and development expenditure, which accounted for approximately 15.2% of total revenue in 2022. The company continually invests in new technologies to ensure that their solutions meet evolving market needs.

Moreover, ATOSS's customer base comprises over 4,000 companies from various sectors, demonstrating the versatility and applicability of their software solutions. Their products cater to large enterprises as well as medium-sized businesses, reflecting their adaptability in the workforce management landscape.

The company's mission statement emphasizes the importance of creating value for customers through tailored software solutions that not only simplify workforce management but also enhance employee satisfaction and productivity.

In 2022, ATOSS achieved a customer satisfaction rate of 94%, showcasing their commitment to delivering high-quality service and effective solutions. This is a critical component of their mission to not only meet but exceed customer expectations.

ATOSS Software AG is headquartered in Munich, Germany, and operates in an increasingly competitive market, yet their strategic focus on customer-centric innovation positions them well for future growth and leadership in workforce management solutions.

How ATOSS Software AG Works

ATOSS Software AG, a leading European provider of workforce management solutions, operates primarily in the areas of planning, management, and optimization of staff. The company focuses on delivering software solutions that enhance productivity, compliance, and employee satisfaction. As of 2023, ATOSS is headquartered in Munich, Germany, and is listed on the Frankfurt Stock Exchange under the ticker symbol AOF.

The company offers various products tailored to different industry needs, including time and attendance management, workforce planning, and employee self-service solutions. Their software is designed to streamline operations, improve efficiency, and provide a clear overview of workforce utilization. The ATOSS software suite is extensively used in sectors such as retail, healthcare, logistics, and manufacturing.

In 2022, ATOSS reported revenue of €42.3 million, marking an increase of 11% year-over-year. The gross profit for the same period was approximately €34.5 million, leading to a gross margin of about 81.6%. The company’s net income was reported at €8.1 million, reflecting a net margin of 19.1%.

Product and Service Offerings

• Time Management Solutions
• Workforce Planning Software
• Employee Self-Service Tools
• Mobile Workforce Management Applications
• Cloud Solutions for Better Accessibility

Key Financial Metrics

ATOSS operates mainly through direct sales and partnerships. The company has a strong sales team focused on securing contracts with both new and existing clients. In 2022, ATOSS expanded its client base by acquiring 128 new clients, increasing overall customer retention rates to 85%.

To further enhance its market position, ATOSS invests significantly in research and development, accounting for 20% of its annual revenue. This investment strategy has led to innovations in AI and automation within their software solutions, making them more appealing to a technologically savvy workforce.

As of the end of 2022, ATOSS Software AG had a market capitalization of approximately €420 million. The company's stock has shown resilience, with a year-to-date return of 25% up to October 2023.

The company's commitment to sustainability is evident in its operational practices. ATOSS has implemented various measures to reduce its carbon footprint, aiming for a 10% reduction by 2025. This aligns with broader trends in the software industry, where companies increasingly focus on corporate social responsibility.

ATOSS also remains competitive through strategic alliances and collaborations. Notable partnerships with companies like SAP and Microsoft have opened new distribution channels and enhanced product offerings, making their solutions more comprehensive and integrated. The company has also entered new markets, including Austria and Switzerland, contributing to a steady growth trajectory.

How ATOSS Software AG Makes Money

ATOSS Software AG, headquartered in Munich, specializes in workforce management solutions. The firm generates revenue through a variety of avenues, primarily focusing on software licenses, maintenance, and consulting services. In 2022, the company reported a total revenue of €50.7 million, marking a significant increase of approximately 17.4% compared to the previous year.

The breakdown of ATOSS's revenue streams highlights the importance of software licensing and subscription services. The recurring revenue model, which includes maintenance and support services, accounted for about 62% of total revenue in fiscal year 2022, underpinning the stability of their earnings.

ATOSS operates within the enterprise software sector, focusing on optimizing workforce management processes. Their products, including the ATOSS Workforce Management Suite, cater to a diverse range of clients, from small businesses to large enterprises. The software helps organizations streamline workforce planning, time management, and personnel deployment.

The company’s revenue growth is also spurred by an increasing shift towards digital transformation, where businesses are investing in automation and analytics. According to a market research report from Gartner, the global workforce management software market is projected to grow to approximately €7.8 billion by 2026, creating a favorable environment for ATOSS.

ATOSS continues to enhance its market presence through strategic partnerships and acquisitions. Recent collaborations with companies focused on human resources and payroll solutions have expanded its service offerings. In 2023, the firm pursued a partnership with a leading cloud services provider, enhancing its software's scalability and integration capabilities.

As of Q3 2023, ATOSS reported a net income of €9.0 million, with an operating margin of 17.7%. The company also boasts a strong balance sheet, with total assets amounting to €55.3 million and equity of €41.2 million, showcasing a robust financial health that supports ongoing investments in product development and market expansion.

The strategic focus on cloud-based solutions is reflected in their latest product launch, which aims to capture a broader segment of the market seeking flexible deployment options. The increasing demand for remote and hybrid work solutions positions ATOSS favorably in the competitive landscape.

In summary, ATOSS Software AG capitalizes on a diverse revenue model leveraging software licenses, maintenance, and consulting services. Their focus on product innovation, coupled with favorable market trends, suggests a growth trajectory that aligns with the ongoing digital evolution in workforce management.